An award winning development and truly landmark scheme for the city of Leeds. Classic meets contemporary with a sympathetic restoration of historic flax mills, situated in harmony with modern, new build architectural design.
18% Below Market Value
2 bedroom apartments from £195,000.
£5,000 deposit, 20% on exchange, 80% mortgage on completion.
High Rental Yield
Forecast net yield of 9% per annum when applying the serviced accommodation model.
No more worrying about cleaning, maintenance and other mundane, time consuming chores linked with traditional buy-to-lets.
Hands-Off Short Term Let
From initial reservation through to rental management, everything is taken care of. Have as much or as little input as you’d like.
Low-risk conversion by experienced developers with multiple phases complete and summer 2020 entire completion date.
Mason Quay, Leeds
Mason Quay is a considerately converted piece of Yorkshire's architectural and industrial history.
These luxury apartments provide modern, vibrant living in the heart of Leeds without the hefty price tag, being 8% below current market value.
350 units comprising 1 ,2 & 3 bedroom apartments
250 year leasehold
Ground Rent of £295 per annum
Service charge from £667 per annum
Completion on track for Q3 2020
Located in the Hunslet area of Leeds, Mason Quay is a sympathetic conversion of the former flax spinning mills which have laid derelict for over 40 years.
Walking distance from all the major amenities of Leeds City Centre makes this location popular with tourists, working professionals and students alike.
From vibrant festivals to world class shopping and dining, Leeds has something for everyone.
Purchase & Payment Terms
Prices range from £195,000- £210,000
£5,000 Reservation Fee
20% Deposit - Fully Protected - no investor funds at risk
80% Completion Funds
Rental yield of 9% net forecast with Short-Term let model
What is Serviced Accommodation?
Serviced accommodation is fully furnished property that provides short and long-term stays.
Unlike traditional lets, though, serviced accommodation also comes with additional benefits, including housekeeping, communal areas and amenities such as:
A fully equipped kitchen
All linen and towels provided
A TV, DVD player and/or TV package
Mason Quay, Leeds is an award winning development and is the perfect property for short-term lets. With its proximity to the city centre and ease of access to the motorway and major regional airports, tourists and working professionals alike will have all of their needs met in this state of the art development.
With an estimated net yield of 9% per annum forecast for those who pursue the serviced accommodation route, this is arguably the simplest and most profitable way of investing in buy-to-let property.
With purposely tailored short-term let furniture packages available, end-of-stay cleaners and an on-call maintenance team at hand you don't need to worry about a thing.
Why Invest In
Located in the West Riding of Yorkshire, Leeds is one of the largest and most centrally located cities in the UK. Named as the standout market to watch for rental growth by JLL, second only to Manchester in terms of house price growth expectations, Leeds is one of the UK’s most exciting rental markets.
The core of a wider city region with an economy worth £66.5bn per annum, Leeds is growing at a spectacular rate. According to local government the city’s economy has grown almost 40% over the last 10 years which is boosting employment, with Leeds now boasting the highest proportion of private to public sector jobs of all key cities outside of the capital.
The population of Leeds is estimated to grow to 819,000 by 2024
Annually the Leeds city region produces 38,900 graduates from nine universities
JLL anticipates that house prices in Leeds will grow 19.9% and rents will grow 18.8% by 2022
The Leeds City Region’s economy has grown by 40% over the last decade